Danica Roem is all of the Monday Motivation that You Need
Delegate-elect Danica Roem is just a few weeks away from being sworn in to the Virginia House of Delegates, which will make her the first openly-transgender person to serve in any state legislature in the country. She says she was able to win her seat by being “unabashedly” herself, having a strong team, and sticking to core issues.
“Be who you are and be that well,” Roem said. “Champion the things that are near and dear to you, and go win.”
Roem, a Democrat, expressed concerns about the Republican tax plan, specifically its impact on state and local tax deductions. She says that if SALT deductions go away, people will now have to pay an extra tax to the government. She encourages constituents to organize and to read the GOP’s Tax Bill once it’s out. Roem told Cheddar that if the bill is “as bad as we anticipate,” the people need to “raise hell and win.”
“There’s so many issues that directly affect people’s lives, and also affect our localities’ ability to raise money, and affect the state government’s ability to raise money, ” she said.
Still, Roem says that she will be seeking out support from Republican counterparts and from Republican voters alike. While she foresees disagreement over topics like medicaid expansion, she does hope to be able to work with Republicans to impact other legislations, such as infrastructure issues.
For full interview [click here.] (https://cheddar.com/videos/danica-roems-advice-for-anyone-who-wants-to-make-a-difference)
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The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
Catching you up with what you need to know on Apr 1, 2022, with Ukrainians hoping to flee the besieged city of Mariupol with a ceasefire is in place, President Biden orders the release of oil from U.S.reserves, LGBT activists suing Florida Governor Ron DeSantis over the "Don't Say Gay" Law, U.S. passports offering an "x" option for gender, and more.
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
